The executor or administrator must secure the purchase money by taking notes or bonds of the purchaser, with sufficient sureties, or taking a purchase money mortgage.
Structure Code of Alabama
Title 43 - Wills and Decedents' Estates.
Chapter 2 - Administration of Estates.
Article 17 - Renting and Sale of Real Estate.
Division 1 - For Payment of Debts and for Division.
Section 43-2-441 - Authorization to Sell - Where Will Exists.
Section 43-2-440 - Renting of Lands.
Section 43-2-442 - Authorization to Sell - in Case of Intestacy.
Section 43-2-443 - Authorization to Sell - Sale for Division.
Section 43-2-444 - Application for Sale.
Section 43-2-445 - Notice and Hearing Generally; Time for Hearing; Appointment of Guardian Ad Litem.
Section 43-2-446 - Notice to Nonresidents.
Section 43-2-448 - Duties and Compensation of Guardian Ad Litem and Special Guardian.
Section 43-2-450 - Order of Sale for Payment of Debts.
Section 43-2-451 - Proof of Facts on Application to Sell for Division; Order of Sale.
Section 43-2-452 - When Depositions Required.
Section 43-2-453 - Evidence of Title.
Section 43-2-454 - Dismissal of Application Upon Failure of Proof.
Section 43-2-455 - Advertisement of Sale.
Section 43-2-456 - Applicability of Sections 43-2-414, 43-2-416 and 43-2-417.
Section 43-2-457 - How Purchase Money Secured.
Section 43-2-458 - Place of Sale.
Section 43-2-459 - Report and Examination of Sale - Generally.
Section 43-2-460 - Report and Examination of Sale - Notice and Hearing.
Section 43-2-461 - Setting Aside Sale; Resale.
Section 43-2-462 - Confirmation of Sale.
Section 43-2-463 - Report of Payment of Purchase Money.
Section 43-2-464 - Conveyance.
Section 43-2-465 - Right of Purchaser to Cite Executor or Administrator to Report Sale.
Section 43-2-467 - Correction of Mistake in Description of Lands Sold.
Section 43-2-468 - Sale or Division of Land Received on Compromise.